openPR Logo
Press release

Global Positioning Systems Market share will expand till 2024

09-22-2017 05:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Global Positioning Systems Market share will expand till 2024

Global Positioning System Market: Overview

Global positioning technology, also called the NAVSTAR technology, short for navigation system for timing and ranging, came to reality owing to the efforts put in by the United States' Department of Defense to establish a reliable satellite-based navigation system. Consisting a network of between 24 and 32 satellites orbiting the earth, global positioning systems (GPS) works across the globe in all weather conditions, helping users track routes, locations, and objects.

Request Sample Copy of the Report@

 https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1242

This report on the global market for global positioning systems presents a comprehensive overview of the present growth dynamics of the market and its key segments. The report also includes projections about the growth prospects of the market over the period between 2016 and 2024, based on quantitative and qualitative details pertaining to aspects such as recent trends, growth drivers, challenges, opportunities, regulations, and level of competition.

A detailed overview of the competitive landscape is also included in the report wherein business profiles of some of the key vendors in the market, and market data about aspects such as their recent strategies, technological advancements, and involvement in activities such as mergers and acquisitions is included. A detailed SWOT analysis of all companies examined in the report is also included. The competitive landscape is further examined with the help of Porter’s five forces analysis.

Global Positioning System Market: Drivers and Restraints

From its use mostly restricted to military and defense purposes to being used across a vast range of civilian applications, the market for global positioning systems has come a long way in a matter of few decades. A large number of industrial applications put GPS to use for a number of purposes and the set of these applications continues to rise on a rapid pace. Industries such as construction, farming, transportation, and aerospace are among the key users of global positioning systems.

The use of the GPS technology helps these industries improve their operational efficiency and bring about a notable reduction in overall operation costs. The transportation industry, especially, is presenting a multitude of new application areas through in-build GPS units in passenger vehicles or through smartphone apps specifically made to guide travelers through unknown routes.

Global positioning systems have also significantly helped in improving the response time in terms of emergency across a number of end-use areas, leading to a stark improvement in safety of resources operating in remote areas. With the vast rise in the number of consumers using location services-enabled smartphone across the globe, the global positioning systems market is expected to gain increased traction in the next few years. High-speed mobile data technologies such as 3G and 4G have further supported the use of GPS across the globe. One of the key restraints for the market is the concern of licensing owing to strict regulatory policies.

Global Positioning System Market: Segmentation

The global market for global positioning systems has been segmented on the basis of criteria such as application, type, and geography. Based on product type, the market is segmented into GPS-enabled mobile phones, marine systems, automotive systems, GPS cameras, and aviation systems. On the basis of application, the market is segmented into navigation and position tracking, security, and traffic control. From a geographical perspective, the market has been examined for Asia Pacific, North America, Europe, and Middle East and Africa.

Request TOC of the Report@

 https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=1242

Some of the key players operating in the global market for global positioning systems profiled in the report are Furono Electronics, FEI-Zyfer, Avidyne Corporation, Polar Electro Oy, MiTAC International, Garmin International, Raytheon Company, ECT Industries, Orolia SA, KVH Industries Inc, SiRF Technology, Hemisphere GPS, Trimble, Johnson Outdoors, Navico, Rockwell Collins, Symmetricom, TomTom NV, and Novatel.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Positioning Systems Market share will expand till 2024 here

News-ID: 735444 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for GPS

Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Mark …
Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four
Location Based Services Market Report 2018: Segmentation by Component (Hardware, …
Global Location Based Services market research report provides company profile for Cisco Systems, Inc., Google Inc., Alcatel-Lucent SA, AT&T Inc., International Business Machines Corporation, Ltd., Qualcomm Inc., Microsoft Corporation, Oracle Corporation, Apple, Inc., and Bharti Airtel, LTD. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,
GPS Tracking Device Market - Increased Accuracy Of GPS And Decreased In Cost Of …
Navigators and security systems have always been a necessity things of human’s life. The developments of advanced electronics have brought revolutionary changes in these fields. The GPS tracking devices are an electronic device used for tracking location of devices. Most of the tracking systems use GPS module to find out the device position. Many systems also combine communication components such as satellite transmitters to communicate the device location to a